Google and the European Commission consented to the “outlines of a settlement” today, according to The Financial Times (via SearchEngineLand), which, if inked, would spare the search engine from official antitrust charges.

Europe’s premier competition watchdog has long accused the Mountain View, Calif.-based Company of abusing its dominance to suppress opponents in the market. Google previously said it would make company-wide changes to avoid a legal battle and expensive fines, and it seems the most recent outcome of those discussions is a new settlement draft of which the details are currently unknown. The rough deal reportedly also extends to a contentious matter that surfaced late in the talks—mobile search.

Joaquin Almunia, the European Union’s vice president of the European commission responsible for competition, sent a letter to Google Executive Chairperson Eric Schmidt in May. The letter detailed the antitrust investigation into Google’s search practices, and it offered the search engine a chance to remedy its “abuses” by settling.

“I have just sent a letter to Eric Schmidt setting out these four points. In this letter, I offer Google the possibility to come up in a matter of weeks with first proposals of remedies to address each of these points,” said Alumnia.

“Nokia and Microsoft are colluding to raise the costs of mobile devices for consumers, creating patent trolls that side-step promises both companies have made,” said Google in a statement to The Wall Street Journal, while Microsoft deemed the search engine’s filing as a “desperate tactic.”

According to the filing, Microsoft and Nokia entered agreements that allow Mosaid Technologies Inc. to legally enforce patents and share the outcome’s revenue. Reuters further specified that the two collaborating companies moved 1,200 patents to Mosaid.

Google called Mosaid a “patent troll” for holding patents and litigating hawkishly, and then it described its filing as a “pre-emptive measure against a developing legal hazard for Android partners.” In a nutshell: Google’s “legal hazard” concerns if smartphone manufacturers begin to view Android as a legal danger, they may decide to do business with Microsoft and Nokia instead.

“Google is complaining about antitrust in the smartphone industry when it controls more than 95 percent of mobile search and advertising,” added Microsoft in an emailed statement to The Wall Street Journal.